Louisville Family Law®

High asset divorce of chef Giada De Laurentis finalized

High asset divorce of chef Giada De Laurentis finalized

Posted By
Louis P. Winner

Chef and television star Giada De Laurentiis is a household name for many
culinary-minded individuals in Kentucky. Fans of De Laurentiis work may
be interested to hear that her divorce has recently been finalized. De
Laurentiis and her husband had been married for 11 years, but decided
to separate back in July. The couple has a 7-year-old daughter together.

Per the terms of the
divorce, De Laurentiis and her ex-husband will both enjoy joint
custody of their child. However, De Laurentiis is responsible for paying
child support in the monthly amount of $9,000. Neither De Laurentiis nor her ex-husband
will be paying
alimony.

With regards to
property division, the couple did not have a prenuptial agreement in place. De Laurentiis'
ex-husband was awarded the $3.2 million home. In addition, he will also
receive half of all De Laurentiis' royalties for publications she
authored while married, along with half of the advancements she has yet
to be paid for regarding a number of cookbooks that are currently in the
process of being published, worth over $5 million.

High asset divorces are often high stakes divorces. With numerous
complex assets to be divided, it is important that each spouse's rights are represented.
Real estate, retirement plans and business assets are only some types
of property that could be subject to property division in a high asset
divorce. It is important that all property involved in a high asset divorce
is properly valued, so that it can be divided appropriately.

With so much at stake in a high asset divorce, the division of assets should
not be handled alone. Instead, each spouse involved in a high asset divorce
may want to seek the help they need to ensure that their individual interests
are being protected.